The Strategic Investment and Regeneration of Sites (Northern Ireland) Order 2003

Disposal of relevant sites by the Office

This section has no associated Explanatory Memorandum

10.—(1) The Office may, with the approval of the Department of Finance and Personnel, dispose of any land forming all or part of a relevant site and vested in the Office.

(2) A disposal under this Article –

(a)may be for value or otherwise; and

(b)shall be on such terms and conditions as the Office may think fit.

(3) In particular on any such disposal the Office may –

(a)impose such restrictions as the Office may think necessary on the use of the land disposed of; and

(b)grant or reserve such rights over the land as the Office may think fit.

(4) Nothing in section 5 of the Stormont Regulation and Government Property Act (Northern Ireland) 1933 (c. 6) affects the disposal by the Office of land forming all or part of a relevant site.